Asset Manager

Adapture Renewables, Inc.; United States; Hybrid; USD 135,000 - 155,000; Full time

Benefits offered by this job

401(k) with company match

Health benefits

Vision benefits

Dental benefits

Generous PTO

Work-from-home flexibility

Job summary

An innovative firm is seeking a skilled Asset Manager to join their dynamic Asset Management team. This role focuses on overseeing financial and commercial obligations for a portfolio of renewable energy assets across the U.S. The ideal candidate will leverage their experience in asset management and financial compliance to ensure contractual commitments are met while collaborating closely with project finance and accounting teams. The position offers flexibility with remote work options and requires occasional travel to the Bay Area office. If you're passionate about sustainable energy and ready to make a significant impact, this opportunity is perfect for you.

Qualifications

• 3+ years of experience in renewable energy asset management.
• Proficiency in financial compliance and reporting.

Responsibilities

• Oversee financial obligations of renewable energy assets.
• Coordinate with finance and project teams for compliance.

Skills

Renewable Energy Asset Management

Financial Compliance

Excel

Communication Skills

Regulatory Compliance

Education

Bachelor's Degree

Tools

Excel

Outlook

Word

Job description

Join to apply for the Asset Manager role at Adapture Renewables, Inc.

Adapture Renewables, Inc. is on a mission to be a leader in this new era of sustainable energy. Drawing upon an extensive knowledge base, we develop, finance, engineer, build, own, and operate high-quality utility-scale photovoltaic projects and battery energy storage projects. Our Asset Management team is looking for a talented Asset Manager to support our fast-growing company. Adapture Renewables is owned by KIRKBI – the private holding and investment company of the Kirk Kristiansen family, founded to build a sustainable future for the LEGO brand through generations.

Overview

This position will work in our Asset Management team and play a vital role in overseeing the financial and commercial obligations of Adapture Renewables’ portfolio of assets across the U.S., ensuring financial covenants are fulfilled and contractual commitments are met. The Asset Manager will coordinate closely with the Project Finance and Accounting teams and serve as a primary interface with project financing partners, PPA offtakers, and other counterparties. The role requires a high degree of intuition and judgment, balancing corporate and project interests. The candidate may be based remotely in the U.S., with periodic travel to our Bay Area office and other locations.

Core Responsibilities

1. Track PPA obligations and ensure cross-functional compliance
2. Document compliance obligations in the asset management platform
3. Collaborate with Development, Project Management & Engineering, and Project Finance teams to onboard new assets and capture obligations
4. Maintain and refine Budget Forecast tracking models for financed portfolios
5. Lead creation of budget tracking processes as new portfolios are added
6. Prepare and submit draw/transfer requests according to finance documents
7. Work with Project Finance, Legal, and Accounting to fulfill finance covenants and submit necessary reports
8. Communicate with partners to address inquiries and requests
9. Coordinate with Accounting to ensure revenue and expenses align with contracts
10. Assist with property tax filings
11. Improve Asset Management policies and procedures
12. Generate financial performance assessments for senior management
13. Coordinate with O&M and Finance to highlight issues requiring attention
14. Manage relationships with stakeholders, project customers, and landowners
15. Manage REC obligations and relationships
16. Prepare reports for financing partners, including investor waterfalls and bank payments
17. Assist with annual financial audits

Qualifications and Experience

1. At least 3 years of renewable energy asset management experience with a focus on financial and regulatory compliance
2. Proficiency in Excel, Outlook, Word, and understanding of renewable energy finance structures
3. Experience transitioning projects from construction to long-term financing is a plus
4. Effective communication with financial partners, regulators, utilities, and energy buyers
5. Deep understanding of operating contracts and relevant clauses
6. Strong written and verbal communication skills
7. Ability to adapt to fluctuating workloads

Benefits Package

• 401(k) with company match
• Health, vision, and dental benefits
• Generous PTO and holiday policy
• Work-from-home flexibility
• Salary commensurate with experience

Note

Qualified candidates only. No search firms. We are committed to equal employment opportunity.

Compensation

Salary range: $135,000 - $155,000, depending on experience and location.